PT Adaro Energy Tbk (IDX: ADRO) today announces its financial performance for fiscal year ended December 31st, 2011. Our net income increased 124% to US$552 million and basic earnings per share 123% to US$0.01721. Net income benefited from strong production volume growth, robust average selling price (“ASP”), and continued cost control. Net revenue increased 47% year over year (“y-o-y”) to US$3.99 billion while gross profit margins improved to 35.8% from 30.5% over the same period.
General Media:
For further information, please contact:
Devindra Ratzarwin
Corporate Secretary
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: corsec@ptadaro.com
Financial Media:
For further information, please contact:
Mr. Cameron Tough
Head of Investor Relations
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: cameron.tough@ptadaro.com
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